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- stark1 replied Nov 27, 2013
Sounds like it's going pretty well for you. What you describe is, more or less, what is happening here. Nothing crazy, and most folks like to keep things simple. But I really would recommend reading as many as you can of James16 posts - he's been ...
- stark1 replied Nov 27, 2013
Hey man, welcome to the thread. If you trade supoprt and resistance, I've never found anywhere better. Your best bet to find the information you want is to start reading from the first post. It's a long thread but if you spend a few hours reading ...
- stark1 replied Nov 26, 2013
Just caught this rather nice 8H pin on USDSEK. Off 6.5500 RN, 38 fib of the move, with divergence and both EMAs beneath it. Not A+++ by any means, but in my mind, another example of the market setting itself up prior to a news/data release.
- stark1 replied Nov 25, 2013
Hey Michal I think that is an excellent post, sir. My experience was exactly the same as yours, in the same steps - getting stopped out at BE all too often only to watch the trade do what I expected. And my solution turned out to be the same as ...
- stark1 replied Nov 25, 2013
Hey man, I think that's a great post! Makes perfect sense to me, anyway. I think if you stick to it you can't go too wrong. The only thing I'm not too sure about is your RR thing. I'm not really into that (I don't mean I'd risk 100 pips to gain 10), ...
- stark1 replied Nov 24, 2013
Hey man, I'm not willing to stick my neck out to answer your question I'm afraid (I'm no expert), but what I will tell you is that not only would that trade sail right into a load of bar highs in an uptrend, but it's also heading straight for the ...
- stark1 replied Nov 24, 2013
Take a look at the week & month charts, man. Make sure your fingers don't do anything you'll have to punish them for...
- stark1 replied Nov 14, 2013
It's probably me being an old curmudgeon, but didn't we used to call these pin bars in the good ol' days?
- stark1 replied Nov 6, 2013
What an amazing answer, thank you so much. Having only ever traded 'classic' J16, this stuff is really beginning to crystallise in my head, thanks largely to your fantastic answers to my boring questions. Jim's method is essential in my book, but I ...
- stark1 replied Nov 6, 2013
Hey ghous Could you clarify that for me please? The more it tilts towards fake-out because....it hasn't broken down as it would have with a true breach of the level? Something else? Just curious as to the 'why' if you'd be so kind. Thanks man ...
- stark1 replied Nov 5, 2013
Hey Giovanni I got into this 4 pips off today's low (thanks Jarroo, wherever he is), and for what it's worth I read it pretty much the same as you. I could live without the retrace to 1.60 tomorrow though.. We're going to struggle to get ...
- stark1 replied Nov 4, 2013
Mike! Hey man, thanks for that, glad I'm not alone. You and I had an exhange about a small pin a while back and I must say I was remembering that when I posted. I disagreed with you about it at the time (ahem), and...you were right. Hinsight's a ...
- stark1 replied Nov 4, 2013
Evening folks EURUSD daily chart. Nothing if not eye-catching.. but does the thought of a trade on this make anyone else nervous?
- stark1 replied Nov 4, 2013
'If in doubt, zoom out'. Not mine, but always applicable. Always always. Even when not in doubt..
- stark1 replied Nov 4, 2013
Agreed with everyone else - that's no rant. Well said sir.
- stark1 replied Nov 4, 2013
Excellent food for thought - thank you for that
- stark1 replied Nov 1, 2013
Wow, what a reply - thank you again. I've seen you talk about that fakeout stuff but missed that the key (for want of a better word) for you is the coiled/big bar thing. I've recently been trying to reconcile that aspect of your method with not only ...
- stark1 replied Nov 1, 2013
Hey, no problem at all. I hope your best self is back and ready for the weekend. Clarification much appreciated, thanks. I thought that was what you meant, but wondered if you had some fiendishly clever technique for james16 stuff that I'd missed. ...
- stark1 replied Nov 1, 2013
Wow...excellent call.
- stark1 replied Nov 1, 2013
Here's something similar to something asked a few posts back. I had an order on this from the beginning of the week, but thankfully pulled it after one of the other CAD pairs blew through like this one. Does anyone have any suggestions as to why it ...